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In a major push for India's electric vehicle sector, three leading automotive companies—Atul Greentech Private Limited, Valeo India Private Limited, and Honda Power Pack Energy India (HEID)—have joined forces to introduce battery-swappable electric three-wheelers in the Indian market.
The collaboration has resulted in the launch of two innovative vehicles: 'MOBILI SWAP' for passenger transport, which offers a 79-kilometer range per battery swap, and 'ENERGIE SWAP' for cargo transport, providing a 74-kilometer range per swap. These vehicles are designed to tackle a major hurdle in EV adoption—charging downtime.
Speaking on the development, Vijay Kedia, Director of Atul Auto, said, "Interchangeable products will revolutionize the electric vehicle sector. They will boost customer revenues by eliminating the need for battery recharging. A wide network of exchange stations will also help alleviate range anxiety. Since the battery remains the company's property, customers will enjoy lower vehicle costs and reduced warranty concerns."
The partnership combines the core competencies of all three companies: Atul's expertise in three-wheeler manufacturing, Valeo’s advanced 48V electric powertrain technology, and HEID's robust battery exchange infrastructure. Highlighting the strategic importance of the initiative, Jayakumar G, Group President and Managing Director of Valeo India, stated, "This three-way collaboration brings together the expertise needed to accelerate the electrification of three-wheelers and significantly cut CO2 emissions."
Atul Greentech, a subsidiary of Atul Auto Limited, has established itself as a key player in the design and production of electric three-wheelers for both domestic and international markets. Valeo, a global leader in 48V systems, has contributed its newly developed compact powertrain system, specifically tailored for India's small mobility sector. HEID strengthens the initiative with its network of battery swap stations, allowing for quick battery exchanges and eliminating prolonged charging stops.
This strategic move is expected to accelerate the adoption of electric vehicles in India's transportation sector, especially in last-mile connectivity and urban logistics. By addressing key concerns like charging time and range limitations, the collaboration aims to make electric mobility more accessible and viable for fleet operators and individual users alike.
